Challenges for Central Banking:
It may be possible to claim that, generally speaking, central banks around the world have never before held such a central and well-respected position in their respective countries as they hold now. Their tasks seem to be reasona bly well defined and the mandate given to them to guarantee price sta...
Gespeichert in:
| Weitere Verfasser: | , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York, NY
Springer US
2001
|
| Ausgabe: | 1st ed. 2001 |
| Schlagworte: | |
| Online-Zugang: | BTU01 Volltext |
| Zusammenfassung: | It may be possible to claim that, generally speaking, central banks around the world have never before held such a central and well-respected position in their respective countries as they hold now. Their tasks seem to be reasona bly well defined and the mandate given to them to guarantee price stability has so far worked more successfully than was perhaps expected. Inflation is lower than it has been for a long time. One central bank after the other has been given a position independent of normal party political processes. Re search concerning monetary policy and other topics of relevance for central banking has made good progress during the past decade. Much of the mys tique that has typically surrounded the internal work and decision-making of central banks has gradually disappeared. Instead, openness and transparency have become the key words of the day. The communication channels of central banks; speeches, inflation reports, minutes of meetings, etc. receive considerable attention and often give rise to headlines in the media. The en vironment in which central banks work and act today has thus undergone changes that in my view are very positive. However, we should always be on our guard against complacency. It would be most dangerous for central bankers today to sit back and relax in the belief that all of the important problems have been resolved and need no further consideration. Unless central bankers remain constantly alert and vigilant, their policy-making can easily deteriorate |
| Beschreibung: | 1 Online-Ressource (X, 274 p) |
| ISBN: | 9781475733068 |
| DOI: | 10.1007/978-1-4757-3306-8 |
Internformat
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| edition | 1st ed. 2001 |
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| spelling | Challenges for Central Banking edited by Anthony M. Santomero, Staffan Viotti, Anders Vredin 1st ed. 2001 New York, NY Springer US 2001 1 Online-Ressource (X, 274 p) txt rdacontent c rdamedia cr rdacarrier It may be possible to claim that, generally speaking, central banks around the world have never before held such a central and well-respected position in their respective countries as they hold now. Their tasks seem to be reasona bly well defined and the mandate given to them to guarantee price stability has so far worked more successfully than was perhaps expected. Inflation is lower than it has been for a long time. One central bank after the other has been given a position independent of normal party political processes. Re search concerning monetary policy and other topics of relevance for central banking has made good progress during the past decade. Much of the mys tique that has typically surrounded the internal work and decision-making of central banks has gradually disappeared. Instead, openness and transparency have become the key words of the day. The communication channels of central banks; speeches, inflation reports, minutes of meetings, etc. receive considerable attention and often give rise to headlines in the media. The en vironment in which central banks work and act today has thus undergone changes that in my view are very positive. However, we should always be on our guard against complacency. It would be most dangerous for central bankers today to sit back and relax in the belief that all of the important problems have been resolved and need no further consideration. Unless central bankers remain constantly alert and vigilant, their policy-making can easily deteriorate Macroeconomics/Monetary Economics//Financial Economics Finance, general Macroeconomics Finance Notenbank (DE-588)4042669-5 gnd rswk-swf Notenbankpolitik (DE-588)4130528-0 gnd rswk-swf (DE-588)1071861417 Konferenzschrift 2000 Stockholm gnd-content Notenbank (DE-588)4042669-5 s DE-604 Notenbankpolitik (DE-588)4130528-0 s Santomero, Anthony M. edt Viotti, Staffan edt Vredin, Anders edt Erscheint auch als Druck-Ausgabe 9781441948915 Erscheint auch als Druck-Ausgabe 9780792373469 Erscheint auch als Druck-Ausgabe 9781475733075 https://doi.org/10.1007/978-1-4757-3306-8 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Challenges for Central Banking Macroeconomics/Monetary Economics//Financial Economics Finance, general Macroeconomics Finance Notenbank (DE-588)4042669-5 gnd Notenbankpolitik (DE-588)4130528-0 gnd |
| subject_GND | (DE-588)4042669-5 (DE-588)4130528-0 (DE-588)1071861417 |
| title | Challenges for Central Banking |
| title_auth | Challenges for Central Banking |
| title_exact_search | Challenges for Central Banking |
| title_exact_search_txtP | Challenges for Central Banking |
| title_full | Challenges for Central Banking edited by Anthony M. Santomero, Staffan Viotti, Anders Vredin |
| title_fullStr | Challenges for Central Banking edited by Anthony M. Santomero, Staffan Viotti, Anders Vredin |
| title_full_unstemmed | Challenges for Central Banking edited by Anthony M. Santomero, Staffan Viotti, Anders Vredin |
| title_short | Challenges for Central Banking |
| title_sort | challenges for central banking |
| topic | Macroeconomics/Monetary Economics//Financial Economics Finance, general Macroeconomics Finance Notenbank (DE-588)4042669-5 gnd Notenbankpolitik (DE-588)4130528-0 gnd |
| topic_facet | Macroeconomics/Monetary Economics//Financial Economics Finance, general Macroeconomics Finance Notenbank Notenbankpolitik Konferenzschrift 2000 Stockholm |
| url | https://doi.org/10.1007/978-1-4757-3306-8 |
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